I have been to Tulip Petal project which is on Pataudi road just before Pataudi.

If you look at the history and learn from it, real estate in remote and undeveloped areas took the biggest hit during 2008-09 recession. There were no takers for properties in areas like Dharuheda, Bhiwadi, Bahadurgarh, Sonepat/Kundli, DLF New Town Heights i.e. new and totally undeveloped sectors of Gurgaon. There were virtually no buyers in these areas at any price.

Markets are at a peak now. Chances of a 20% correction are higher than chances of another 20% increase from here. In case another recession came, these undeveloped sectors will take the biggest hit, again.

If you have to invest, then invest in the areas where there is some development visible even today.

Markets are at a peak now. Chances of a 20% correction are higher than chances of another 20% increase from here. In case another recession came, these undeveloped sectors will take the biggest hit, again.
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